If this concept is approved vast sums of money will be involved so where will this money be sent to and how will it be managed and what access will members have to the accounting records of who is in control of this money?

The initial deposit of approx. R2k will be paid to Paxton-Cerva’s (attorney) Trust Account, which will be refunded (less 10% to cover admin and collection costs) should the scheme not attract the minimum participating threshold of 67%. The further funds i.e. construction costs, etc. will also be paid to Paxton-Cerva’s Trust Account. The Trust Account will be audited on an annual basis. Upon approval of the scheme/application, a non-profit company will be registered and all funds transferred from Paxton-Cerva to this company for future administration. The monthly operational costs will also be paid to the non-profit company going forward and will be managed by the elected committee members and will be audited on an annual basis in terms of the law governing a company’s Act.